Don’t miss the latest developments in business and finance.

Dollar rises

Image
IANS New York
Last Updated : Aug 05 2015 | 11:28 AM IST

The dollar has gained against most major currencies as US economic data came in better-than-expected.

New orders for manufactured goods in June increased $8.7 billion (1.8 percent) to $478.5 billion, slightly above market estimates, Xinhua quoted the commerce department as saying on Tuesday.

This increase, up following two consecutive monthly decreases, followed a 1.1 percent May decrease.

Personal income increased $68.1 billion (0.4 percent) in June, beating market consensus of 0.3 percent, said the commerce department. Personal consumption increased $25.9 billion (0.2 percent) in June.

More From This Section

First Published: Aug 05 2015 | 11:16 AM IST

Next Story